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Arbitrum · closed proposal

Constitutional AIP: Proposal to adopt Timeboost, a new transaction ordering policy

0xb5B0…79f8·ended 1y ago·Discussion ↗
Voters
3,673
ARB voted
151.42M
≈$11.86M
Token price
$0.08

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Collect bids in ETH to treasury140.38M (92.7%)
Collect bids in ARB and burn1.67M (1.1%)
Decline to adopt Timeboost20.02K (0.0%)
Abstain9.35M (6.2%)
151.42M ARB · ≈$11.86M · 3673 votersblock 252743759

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Full proposal

Original markdown · Arbitrum

Abstract

This AIP proposes the adoption of Timeboost, a new transaction ordering policy for Arbitrum One and Nova. Timeboost enables auctions for the rights to an express lane, giving the winner a time advantage for transaction inclusion and allowing them to potentially capture arbitrage and backrunning opportunities. Proceeds from the auction are at the discretion of the Arbitrum DAO, with two main options outlined in this proposal: collecting bids in ETH or collecting bids in ARB.

Motivation

Arbitrum Chains currently order transactions on a First-Come First-Served basis (FCFS). The …

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